Property photos
Under offer
Freehold
Offers in region of
£125,000
(£363.37/sq. ft)
Retail premises for sale
21 Victoria Terrace, Hove BN3344 sq. ft
Local area information
Property location
Nearby amenities
- St Andrew's CofE (Aided) Primary School 0.4 miles
- St Christopher's School 0.4 miles
- Hove 0.7 miles
- Aldrington 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Hove to find out more about the local area.
Features and description
- Freehold
- Currently Producing £11,000 pax
- Seafront Location
- Let till April 2029
- Estimated Rates Payable: £2544.9
Description
Ground floor retail shop currently let to kitchen/ cabinet firm, property includes freehold of the building with residential parts sold off on long-lease with peppercorn ground rent.
The current tenant has been in occupation since 2009, following the most recent review in February 2024 the passing rent was improved to £11,000pax with the tenant renewing for another 5 year term until 14th April 2029.
Location
The property is located on Victoria Terrace in Hove, East Sussex, situated within a parade of commercial units with main seafront just behind the property.
Viewings
Viewings can be arranged via the vendors Sole Agent - Newlands Property.
Terms
Offers are invited in the region of £125,000 for the freehold of the property, subject to the current lease in place.
Ground floor retail shop currently let to kitchen/ cabinet firm, property includes freehold of the building with residential parts sold off on long-lease with peppercorn ground rent.
The current tenant has been in occupation since 2009, following the most recent review in February 2024 the passing rent was improved to £11,000pax with the tenant renewing for another 5 year term until 14th April 2029.
Location
The property is located on Victoria Terrace in Hove, East Sussex, situated within a parade of commercial units with main seafront just behind the property.
Viewings
Viewings can be arranged via the vendors Sole Agent - Newlands Property.
Terms
Offers are invited in the region of £125,000 for the freehold of the property, subject to the current lease in place.
More information
Listed by
Newlands Property - Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Newlands Property - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Newlands Property - Commercial for full details and further information.